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Any stock can be shorted. The only effect the price has on shorting, is the required margin (varies at different price levels). You must have the cash, liquid share assets, and credit and margin account to short. ABAT was shorted at $4, and most shorts have not yet covered their bets.
I will not take much for it to bust out to .50, at which point the 30s may be long gone, as it would then trade from 40 to 50, unless early news ran it to $1.
Competitor to CABN, news update:
http://www.carbonrecycling.is/index.php?option=com_content&view=article&id=6&Itemid=19&lang=en
http://www.carbonrecycling.is/index.php?option=com_content&view=article&id=14&Itemid=8&lang=en
They should have, or should be firing up the commercial plant based on the last news.
That should be an easy target to reach! I agree.
We have broken out, up over $8 now. A very good bullish sign!
What is a "stop loss" ???
LOL
Only stop loss I know of in penny land is stop to buying shares, LOL.
More good news for NG and LNG!!!
http://news.ino.com/headlines/?newsid=6897973857369711
Yes they are indeed. They never let me have the .05s, but I did get some sixes thanks to that seller.
MM(s) is(are) playing their games here for now. Bypassing higher bids to fill their own orders at lower prices.
They have passed me over several times now. I don't have enough cash handy to buy 5000 shares at .15, so my bid is not showing, but it is there and they passed it up.
If I had the spare cash today, I would have already grabbed all .20 shares.
Just raise your offer to 20 cents, and buy all you want!
Interesting bit of news here. See the end of the article about new state law to permit electric charging stations at retail locations for E-cars.
http://www.cngnow.com/EN-US/NewsAndEvents/Pages/State-Goes-for-Green-Will-Convert-Fleet-to-Natural-Gas-Propane.aspx
I think the fair value is closer to 50 cents right now, and about $5 after the Lafarge Pilot plant is running.
News, good news:
That must be why it traded a whopping $60 worth of shares at .04, tripped a massive sell off of stop loss orders of $0.00, and then rallied back to .07/share on even more massive volume (100 shares?)
NEWS!!!!!!
This could help and hurt us at the same time. Will force them to look for better more cost effective alternatives, good for us, but also indicates that the current political will to address the problem is waning (not good).
Who resigned? One of the founding directors was an Ex EPA regional director.
Heads up folks, AEXP is selling at a premium to MNLU today at .088, and hit a high of .12 today!!! That is equal to .48/share for MNLU!!! And it has volume with it!!! Nearly 100000 shares already!
All on a nasty market wide sell off day!!!
Heads up folks, AEXP is selling at a premium to MNLU today at .088, and hit a high of .12 today!!! That is equal to .48/share for MNLU!!! And it has volume with it!!! Nearly 100000 shares already!
All on a nasty market wide sell off day!!!
If MNLU was going to dilute, they would have done it in Feb when the stock was over $1/share, not now. Also they will not dilute while the merger is pending, creates too many problems for the merger!!!
ABAT seems to be headed the wrong way, moving up not down, on a market wide panic sell of day?
I Think shorts are screwed here now!
LOL
Eco is LONG ABAT, and lovin it!
When the PR lists cash dollar amounts for hard contracted business, then we will know it is not fluff. When it dodges the question of how many dollars in new sales, revenue and profits it amounts to, rest assured it is fluff with this outfit. I have watched them play this game blow by blow for 3 years. They like to release open ended news and get peoples hopes up, instead of releasing all the facts.
They just made a fluff PR out of one licensee being replaced by another, not a new sale, which begs the question of what happened to the initial licensee, which they do not bother to tell us?
He did not dig very deep into ABAT. They were strictly a li-ion battery manufacturer until they bought a floundering e-bike vehicle customer that owed them a lot of money about 2 years ago now, and then they turned the E-vehicle company around with fresh cash, no debt.....
I stayed with them for 3 years, in spite of many early warning signs because I liked the business plan and tech. But management has screwed up at every turn. Only reason the doors were not closed with BK before is they have pulled the "Oh look at the cut new kitty" trick successfully 3 times now (Terra merger was the most recent one done in the middle of a non-court BK divestiture of the failed NJ plant (the original business), and they had bankster help with huge share dilution loans to help perpetrate the fraud, and pay the fat cat executive salaries while they lost more and more investor money.
I do not believe they will find the loans and cash needed to avoid BK again. I expect them to go BK in 6-12 months, or sell another 300 million shares at .05 while they still can, and then file BK.
Sales would need to increase 1000% in 3 months to keep the ship afloat at the current cash burn rate.
There is no sign that the executives have the right stuff to turn this beast around! They have pulled off the hail mary pass save three times, but each time was at the huge expense of stock holders, investors, and they have not been able to stop the bleed rate. In fact they added to the bleed rate when they merged with Terra by added zero Terra new sales and another 1-2 million dollar per year drain to the budget (nearly 1 million was added to the COIN budgest for salaries for adding the CEOs brother and the Terra CEO to the COIN staff and overhead)!
I think their current losses still exceed revenues! Then if you write down the huge smoke and mirrors asset value they have on the books for the purchase price of Terra, which has no sales now for 10-11 months, you add another 10 million dollar stockholders equity loss to the books when they write off the Terra purchase asset from the Goodwill category. Then, You have a company with negative stock holders equity, a history of losses at an average of 10 million per year for 5 years, that has had products on the market for nearly 3 years now, and they still failed to ever break even.
Interesting read for an unusual source. Guess everyone is talking about it now:
http://www.johnmauldin.com/images/uploads/pdf/mwo071611.pdf
Interesting read from an unexpected source. Guess every one is writing about this now:
http://www.johnmauldin.com/images/uploads/pdf/mwo071611.pdf
Which company was that about?
Frankly, I have suspected exactly what he said, was and is the real truth behind the entire mess.
I just hope these CEO's have the fortitude to pick up the pieces and put it all back together. I for one, am slowly putting cash into some of these at the bottom, fire sale prices. In fact I have already made money bottom fishing several of these China / US RMs.
"What does not kill you, makes you stronger"
Just what the hell is "clean energy coal-water slurry fuel" anyway?
Sounds like snake oil seudo science to me so far. Is there a link to a real, detailed, thermodynamic, chemical analysis, and run down on what this is, how it is purported to work, and so on, or is this just a smoke and mirrors deal, and no one is asking the right questions?
Ecomike
Chemical Engineer
Question is, will they survive the bottom, or will current shareholders survive the bottom with out drowning first. Still glad I took my losses and bailed out at in the 6-8 dollar zone. I just don't see any sustained up side potential to justify the ongoing risk that the assets of all these shippers are way overvalued on the books still!
Minor formality, and already priced into the stock.
I too have been holding and adding since before the R/S.
I was a little surprised at the new $16 target, but that may just be to make sure it gets to the $10 area.
I must agree. They ignore the possibility that a vastly improved formula, as in substantially less sensitivity to using the drug, means more people could use it, and thus it might increase sales?
It is also just a stepping stone, not a one trick pony!
The Huge Australian BHP buy out of Petrohawk NG assets must have helped as well!!
http://thebuttonwoodtree.wordpress.com/2011/07/15/sickness-petrohawk-to-be-acquired-by-bhp-billiton/
I would rather do that to the short pricks at CYTR right now, LOL! I already did it here at the last 52 week low!!!
Just dawned on me that today is options expiration, so the 48 hour sell off in ANX shares may be a rigged 2 day game to kill Call option values and spike Put option values, with game over at the close today!!!! If I am right, today's close or a final opening low on Monday, may be followed by a hard run back to $4 quickly next week!!! So heads up people!!!
APWR may be stalling to try and keep the NASDAQ listing, but who knows if that will be possible. Many others have just said screw Nasdaq and moved to Pink sheets already. It could be a month before they, APWR, makes a move IMHO.
I think the word from management that they are or were, (may already be a done deal), close to closing a senior secured note for cash (and not selling convertible debt, or doing a costly JV deal), put the bottom in about 10-14 days ago. They also said that once the deal was done (word then was it was about 2 weeks away), the would begin work on completed the well, Fracking and tie in to pipeline right away. So people have been buying and holding!!!
I don't have time to post a chart, but if you look at the 1 or 2 year chart today's low bounced off of a long term rising channel support, and was the third data point on the rising channel, so this is looking even more bullish now having bounce up off that rising support during such a nasty price drop.